~nytimes-technology | Bookmarks (5)

Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.

Two years after the cryptocurrency market crashed, internet cafes for playing crypto-earning video games are opening and farmers have started harvesting virtual crops from the games for income.

Bitcoin just hit a record high, but there are big differences between now and the last crypto boom, when digital currencies became a cultural phenomenon.

Bitcoin’s price surged above $69,000, breaking the record the digital currency set in November 2021 when the crypto industry was booming.

The products, known as exchange-traded funds, were approved by federal regulators this week, a watershed moment for the crypto industry.